Relating to the creation of La Cima Municipal Management District No. 1; providing authority to issue bonds; providing authority to impose assessments, fees, and taxes; granting a limited power of eminent domain.

HB 5673 would create La Cima Municipal Management District No. 1 in San Marcos, Texas, to promote economic development and community services within its boundaries. The district would have authority to issue bonds for infrastructure projects, impose assessments and fees on properties within its area, and use limited eminent domain to acquire land for public improvements. This special district is designed to supplement, not replace, existing city services like safety and transportation while focusing on job growth, tourism, and neighborhood revitalization. Property owners in the designated district area would be directly affected through potential assessments to fund these initiatives.